what ledger name to create
This query is : Open
26 August 2017
5000 rupees paid on the birthday of employee.what's ledger name for this expense should be created.
26 August 2017
Create Ledger as "Gift"....
Debit gift and credit cash or bank.....
Finally just Debit capital/Current account and credit to Gift account.....
26 August 2017
Gift A/c
To Cash
Capital A/c
To Gift A/c
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